trade tensions

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Business / Economics

China says US plan to toughen semiconductor curb will backfire

Beijing says the US plan of coercing other countries into going after China's semiconductor industry will backfire. It follows a report by Bloomberg that said Donald Trump's administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China's chip industry. Laura Westbrook has more.  

today26 February, 2025

Business / Economics

Morning Biz News – 20 February 2025

Toyota Leads Vehicle Market in January Toyota has maintained its dominance in Namibia’s vehicle market, recording 555 new vehicle sales in January 2025. According to Simonis Storm Junior Economist Almandro Jansen, Toyota accounted for a significant portion of total sales, with 306 light commercial vehicles, 242 passenger vehicles—including popular models like the Corolla Cross and Fortuner—and several medium commercial units. The brand’s strong performance reinforces its leadership in both passenger […]

today20 February, 2025

Business / Economics

White House confirms China, Canada, Mexico tariffs

  The White House has confirmed fresh tariffs will come into effect this past Saturday against China, Canada and Mexico. That's despite concerns the move will push up prices for US consumers. Press Secretary Karoline Leavitt spoke about the decision to push ahead with the import duties at Friday's press briefing. In news just in...The Canadian Department of Finance has released a list of U.S. products that will be subject […]

today3 February, 2025